Zopa Peer-to-peer lending Reviews

Ratings based on 17 reviews Last review 3 months ago

Zopa savings reviews can help you to find out more about life at Zopa. How easy is it to contact Zopa? And how friendly are they? Our Zopa savings reviews can help you to find out information like this. Smart Money People is an independent source of honest...

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Your Peer-to-peer lending Reviews (17)

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24th December 2016

First timer does PEER to PEER lending

Another of my first time picks. Have spread my money around as I want to minimize risk. A good website, good explanations of their policies and decent, but not the best interest rates. No issues at all does what it said it would do. Early days, so not ready...

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Another of my first time picks. Have spread my money around as I want to minimize risk. A good website, good explanations of their policies and decent, but not the best interest rates. No issues at all does what it said it would do. Early days, so not ready to recommend to family.

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6th September 2016

Solid and reliable, key qualities when using p2p lending/borrowing

I'be used Zopa for years now and have been on both sides of the fence as a borrower and more recently a lender. As a saver life with Zopa in its current guise, couldnt be easier, select your risk level and Zopa does the rest are better rates available from...

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I'be used Zopa for years now and have been on both sides of the fence as a borrower and more recently a lender.
As a saver life with Zopa in its current guise, couldnt be easier, select your risk level and Zopa does the rest are better rates available from competitors? Yes but Zopas are sustainable

Pros - easy contact, good rates, relatively worry free
Cons - better rates available elsewhere, no app

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17th June 2016

Easy to get started lending for higher returns than your savings account

Zopa is really easy to use and lets people choose their risk/reward profile to start earning far more than cash deposits return in UK savings accounts. They are one of the most established players in the P2P lending space and have been through the credit crunch....

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Zopa is really easy to use and lets people choose their risk/reward profile to start earning far more than cash deposits return in UK savings accounts. They are one of the most established players in the P2P lending space and have been through the credit crunch. I have been a customer for more than 5 years and highly recommend them.

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22nd May 2016

Constantly improving, quality returns

I was an early investor in Zopa, and have been a lender with them for several years. They made it really easy when I was struggling to sell my loans to free up cash, they let me know where I am at and adapt to make lenders ever more secure. Their new range...

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I was an early investor in Zopa, and have been a lender with them for several years. They made it really easy when I was struggling to sell my loans to free up cash, they let me know where I am at and adapt to make lenders ever more secure. Their new range of products are fantastic for keeping their best bits and I love watching not only how my relatively small investment grows, but also the number of loans I have made. I like the new chart which shows how much I should have returned on each day, and that some people will overpay to clear loans faster (win-win). I love Zopa and do recommend it to family and friends

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15th April 2016

All investments start at £10, Low risk for very low reward.

Zopa works best if you are looking to spend at least £100 split up in small batches. They do allow selling of loans (with a fee) and have some coverage against defaults, however, they have very low gains in comparison to other sites. BTCPOP's savings account...

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Zopa works best if you are looking to spend at least £100 split up in small batches. They do allow selling of loans (with a fee) and have some coverage against defaults, however, they have very low gains in comparison to other sites. BTCPOP's savings account gives 5% flat without worrying about defaults, for example. Stable site, but there are better places for returns.

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28th March 2016

Good way of making additional income

I have been lending with Zopa for just over a year and I'm really starting to make a steady income from the lending now. Although any money placed in Zopa is not covered by the FSCS they do have a safeguard pot for two out of the three options they have in...

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I have been lending with Zopa for just over a year and I'm really starting to make a steady income from the lending now. Although any money placed in Zopa is not covered by the FSCS they do have a safeguard pot for two out of the three options they have in terms of lending (Zopa have recently amended their products with lenders now able to choose from Zopa Access, Zopa Classic, both of which are covered under the safeguard pot and also Zopa Plus which is not covered by the safeguard pot). I find that it is easy to lend money through Zopa and personally find the website easy to navigate.

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12th February 2016

Very happy with my experience with Zopa; the customer service is excellent and the interest rate of about 5% makes for a great company

The Department of Work and Pensions needed a letter from Zopa to prove that my total savings is no more than £6000; this proof was provided promptly and without charge